The option is part of the company’s third issue, with the product offering 50 per cent exposure to Russia and 50 per cent to other Eastern European economies.
The five-year plan will access these markets through two indices, the RDX, which consists of Russian shares quoted on the London Stock Exchange and the CECE traded index, which represents shares in stockmarkets such as Poland and the Czech Republic.
As with the global issues, the Eastern European option will have a daily participation rate in the performance of the fund, so when volatility is high, the participation rate can fall as low as zero while if volatility is low, it can rise to as much as 200 per cent.
The offer launches on June 16. Minimum investment is £3,600 and commission is 3 per cent. Director Colin Dickie says: “Having seen £40m come through the first two issues, we are bullish on this launch which gives investors a more concentrated option for returns.”